Jerónimo Martins news

27 July 2015
Our team of analysts travel around the world, seeking out the latest in FMCG retail innovation. We have selected some of the best stores from our visits across the year so far. UK - Waitrose Food & Home, Salisbury Selected by: Priya Chandarana, Retail Analyst Waitrose's newest flagship, this store has a clear focus on the retailer's food credentials. There is a particularly nice tie...
03 June 2015
As DIA and Intermarché announce the formation of a ‘ negotiating platform ’ for Portugal only, Jerónimo Martins and Intermarché are discussing the possible acquisition of a number of Alisuper stores and Sonae and Auchan launch new store concepts, we round up the news from the country. DIA and Intermarché form ‘a joint platform for negotiating’ DIA, which operates the Minipreço banner in Por...
18 May 2015
Following the announcement of results from Portugal-based Sonae and Jerónimo Martins and Spain-based DIA, which operates the Minipreço and Clarel chains in the country, we round up what was said in the results statements and what this means for the retailers’ strategies for the rest of 2015. Sonae MC sees sales rise 0.8% in Q1… Sonae MC, the food-focused division of Sonae, has announced tha...
29 April 2015
Portugal-based Jerónimo Martins has announced first quarter results saying that group sales rose 9.4% to €3.19 billion, with both its Pingo Doce and Biedronka banners enjoying like-for-like growth, despite challenging market conditions that the retailer said ‘ saw promotions and intense price competition continue to be dominant in the food retail sector ’. The latter point affected the retailer’s...
13 April 2015
As Portugal-based Jerónimo Martins announces it is to expand its private label ranges, add its first convenience store at a BP petrol forecourt station and its chief executive discusses its investment plans for the market, we round up the news from the retailer. Jerónimo Martins sets out investment plans for 2015 Jerónimo Martins’s chairman, Pedro Soares dos Santos, has said that the reta...
18 March 2015
Portugal-based Jerónimo Martins’ director for Colombia, Pedro Albuquerque Veloso, has said that the retailer will invest €300 million until 2020 to expand the Ara chain nationwide in the country. 50 stores to be opened in 2015 Veloso said that Jerónimo Martins will open 50 new stores in 2015, expanding its presence from the 84 it ended 2014 with, with the majority being added in the region ...
16 March 2015
As Lidl and El Corte Inglés launch new promotions, Covirán’s chief executive discusses the retailer’s success in the market and Jerónimo Martins begins exporting its private label to its operations in Poland, we round up the news from the market. Lidl celebrates 20 years in Portugal Lidl has launched its biggest advertising campaign to celebrate 20 years in the country, with music at its co...
22 January 2015
2014 was a year of extremes in Central and Eastern Europe. While some retail markets, like Poland, were affected by deflation, Russia and Ukraine faced double-digit food inflation. The development had a massive impact on retailers’ financial results. While one of the best recent performers, Biedronka, reported negative like-for-like sales -0.8% in 2014, retailers in Russia profited from December’...
13 January 2015
Portugal-based Jerónimo Martins has announced Q4 and full year results for 2014 saying that net sales rose by 7.2% to €12.68 billion, aided by a recovery in like-for-like sales at Biedronka and strong growth at Pingo Doce during the fourth quarter. Total sales growth generated in spite of deflationary environment Jerónimo Martins said that sales growth for the year had been driven by ‘ cont...
13 November 2014
Portugal-based Jerónimo Martins has hosted an investor day to underline how its ‘ growth opportunity… remains intact ’ in Poland, despite market changes, which have limited the growth outlook for its Biedronka banner. We round-up five key points from the day. 1. Poland remains a market with longer term growth opportunities Jerónimo Martins said it forecasts the Polish market will remain ...